Hewlett Packard Enterprise Co (HPE) : Montgomery Investment Management Inc reduced its stake in Hewlett Packard Enterprise Co by 1.78% during the most recent quarter end. The investment management company now holds a total of 170,657 shares of Hewlett Packard Enterprise Co which is valued at $3,735,682 after selling 3,100 shares in Hewlett Packard Enterprise Co , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Hewlett Packard Enterprise Co makes up approximately 1.78% of Montgomery Investment Management Inc’s portfolio.
Other Hedge Funds, Including , Columbia Partners L L C Investment Management reduced its stake in HPE by selling 659 shares or 0.99% in the most recent quarter. The Hedge Fund company now holds 65,837 shares of HPE which is valued at $1,441,172. Hewlett Packard Enterprise Co makes up approx 0.10% of Columbia Partners L L C Investment Management’s portfolio.Hudock Capital Group boosted its stake in HPE in the latest quarter, The investment management firm added 8 additional shares and now holds a total of 2,630 shares of Hewlett Packard Enterprise Co which is valued at $56,571. Hewlett Packard Enterprise Co makes up approx 0.03% of Hudock Capital Group’s portfolio.Herndon Capital Management reduced its stake in HPE by selling 320,032 shares or 7.54% in the most recent quarter. The Hedge Fund company now holds 3,922,956 shares of HPE which is valued at $82,460,535. Hewlett Packard Enterprise Co makes up approx 3.01% of Herndon Capital Management’s portfolio. Cibc World Markets added HPE to its portfolio by purchasing 18,990 company shares during the most recent quarter which is valued at $380,750.Regentatlantic Capital reduced its stake in HPE by selling 11,974 shares or 18.09% in the most recent quarter. The Hedge Fund company now holds 54,232 shares of HPE which is valued at $1,087,894. Hewlett Packard Enterprise Co makes up approx 0.10% of Regentatlantic Capital’s portfolio.
On the company’s financial health, Hewlett Packard Enterprise Co reported $0.42 EPS for the quarter, based on the information available during the earnings call on May 24, 2016. Analyst had a consensus estimate of $0.42. The company had revenue of $12711.00 million for the quarter, compared to analysts expectations of $12336.07 million. The company’s revenue was up 1.3% compared to the same quarter last year.
Many Wall Street Analysts have commented on Hewlett Packard Enterprise Co. Hewlett Packard Enterprise Co was Initiated by Raymond James to “Mkt Perform” on Aug 17, 2016. Hewlett Packard Enterprise Co was Upgraded by Citigroup to ” Buy” on Jul 25, 2016. Company shares were Reiterated by Deutsche Bank on Jun 9, 2016 to “Buy”, Firm has raised the Price Target to $ 22 from a previous price target of $19 .
Hewlett Packard Enterprise Company (Hewlett Packard Enterprise) is engaged in offering information technology (IT) and enterprise services solutions. The Company focuses on technology solutions which enables the customers to build cloud-enabled mobile-ready solutions that is suited to their needs. The Company’s portfolio includes enterprise services software and financial services businesses. Hewlett Packard Enterprise offers its services to various enterprises and governments.